Within its first day, MELANIA crossed a $5 billion valuation, trading between $6.6 and $13 in that initial 24-hour window.

Many traders are wondering if they should buy the Melania meme coin right now, especially given that Donald Trump’s earlier meme coin ($TRUMP) quickly tanked in response to MELANIA’s release.

Let’s look at MELANIA’s potential upside, and compare it to three alternative meme coins offering promising growth opportunities.

Should You Buy Melania Meme Token?

Melania Trump’s launch of MELANIA made huge waves in the crypto world, starting with a price dip for the TRUMP coin. After Melania’s big announcement, TradingView data showed that TRUMP fell by more than 40% from its peak.

Nonetheless, TRUMP then rebounded to see double-digit gains in just a few hours on 20 January. Many speculate that the meltdown was mainly fueled by opportunistic traders, who pulled money out of TRUMP to capitalize on MELANIA’s upside.

Adding to the hype, the popular crypto analyst Syeed Sameer recently predicted on X that MELANIA could reach $20, partly due to overwhelming interest and high trading volumes.

https://x.com/syedsameer/status/1881134290941136897

At the same time, it’s clear that Melania Trump’s name has helped skyrocket MELANIA into major traders’ watchlists. The token surged into the billions in market cap overnight, and social media played a key role in its success.

A bullish scenario could further unfold if the hype continues, and the token lists on more top exchanges. However, the short-term volatility could be severe if large whales or the development team decide to take profits.

The token’s relatively short lock-in period of 30 days for a 35% team allocation means that once those tokens unlock, the team could theoretically offload large amounts onto the market. The latest analysis also shows that over 80% of the supply was concentrated in four wallets, raising concerns about price manipulation if big holders exit too soon.

This is why diversifying into multiple meme tokens is often a wise strategy for a balanced approach.

Alternative Meme Coins to Buy

Here are three meme coin alternatives to consider that focus more on solving a real-life problem with a community-focused approach in their tokenomics.

Wall Street Pepe

If you’re looking for a utility-focused meme coin beyond MELANIA, Wall Street Pepe ($WEPE) is currently one of the hottest crypto presales.

This project is empowering average investors with exclusive market trading signals and strategies. Wall Street Pepe aims to help investors capitalize on big market swings, instead of being left behind by whale moves. It’s similar to joining a trading club that shares knowledge with members–except here, it’s linked to a viral meme coin.

The WEPE presale is still ongoing, and early signs show huge investor support. Within a few weeks of launch, the project has raised over $53 million.

Early buyers can still buy WEPE for just $0.000207. The next price increase is set to occur soon.

The total supply of WEPE is 200 billion tokens, of which 40 billion will be sold in the ICO phase. It’s worth noting that 24 billion tokens are set aside for staking rewards, which currently stand at 24% APY.

This approach of high passive rewards while also receiving exclusive alpha calls could anchor a strong holder base.

Visit Wall Street Pepe Presale

Solaxy

Another crypto that has generated buzz among meme coin enthusiasts is Solaxy ($SOLX). One of the main reasons for this attention is Solaxy’s status as the first Layer 2 solution on Solana.

Solana is already known for its speed, but it has also faced congestion issues during peak usage. Solaxy processes transactions off-chain, and settles them in batches on Solana’s mainnet–which should mitigate these traffic slowdowns.

The platform’s native SOLX token also features cross-chain capabilities on the Ethereum blockchain. This multi-chain approach has attracted investors from both Ethereum and Solana, and greatly increased demand for SOLX.

After inspiring extreme investor interest, the SOLX presale has already raised nearly $12 million.

Because Solaxy will help to fix Solana’s congestion issues, it could rank among the biggest success stories of the 2025 bull run.

Holders can currently stake SOLX for a high APY of over 300% pa. Over 3.7 billion tokens have already been staked, showing the community’s high trust in the project.

Visit Solaxy Presale

Dogecoin

Buyers looking for a more established meme coin can consider Dogecoin ($DOGE). Despite launching as a playful joke, Dogecoin has become the largest meme coin by market cap–and a go-to meme coin for many newcomers.

Currently trading nearly 50% below its all-time high, DOGE may still offer a significant upside during the next stage of the memecoin supercycle.

Dogecoin is widely available on top exchanges like Binance, Coinbase, and Robinhood. It enjoys high liquidity and broad public awareness. Many analysts believe a supportive U.S. administration could even create a Dogecoin ETF, although that possibility does remain speculative.

Moreover, Dogecoin’s association with social media hype (and the influence of Elon Musk tweets) can lead to dramatic and sudden price fluctuations.

That said, DOGE remains the best-known meme coin brand, boasting a massive community of loyal holders and continuous developer expansions–such as the Dogecoin Foundation’s push for further adoption.

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